CIS export billet prices continued to trend downward on Friday October 5 because producers had no other way to spur sales but to decrease prices.
Fastmarkets' daily CIS billet index dropped by $6 per tonne day on day, to $462 per tonne fob Black Sea from $468 per tonne fob Black Sea a day earlier.Current prices were the lowest since November 2017, according to Fastmarkets' archive.Weak buying activity, unfavorable conditions in the finished long steel segment and increased...